Market Update

Bitcoin edged higher on Wednesday after hitting a seven-week low in the previous session, as market sentiment remained cautious following U.S. President Donald Trump’s attempted firing of Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. As of 02:32 ET (06:32 GMT), Bitcoin traded 1.2% higher at …

British producer output prices rose 1.9% year-on-year in June, while producer input prices fell 1.0% annually, according to interim data released Wednesday by the Office for National Statistics (ONS). These figures represent preliminary estimates, as the ONS paused regular publication of the Producer Price Index (PPI) in March after identifying …

Gold prices pulled back in Asian trade on Wednesday after earlier climbing to a more than two-week high, as markets weighed renewed concerns over U.S. Federal Reserve independence following President Donald Trump’s attempts to remove Governor Lisa Cook. The yellow metal initially surged on Monday after Trump announced Cook’s immediate …

As global markets brace for a pivotal week, the spotlight is turning toward Australia’s inflation data, set to influence currency movements and investor sentiment. On Tuesday, August 26, 2025, the US Dollar (USD) pulled back from recent gains, dipping toward the 98.00 mark on the US Dollar Index (DXY). This …

On August 26, 2025, President Donald Trump announced his intention to fire Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud in a move that has sparked intense debate over the independence of the Federal Reserve. This unprecedented action marks the first time a U.S. president has attempted to …

Bank of Canada Governor Tiff Macklem has reaffirmed the institution’s commitment to maintaining its 2% inflation target, signaling that no changes will be considered during the upcoming monetary policy framework review in 2026. This decision comes as global economic conditions grow increasingly complex, particularly due to unpredictable trade policies and …

The Dow Jones Industrial Average (DJIA) remained largely unchanged on Tuesday, hovering just above the 45,000 mark as investors adopted a cautious stance, awaiting significant economic data to drive market momentum. With global markets focused on the upcoming release of the US Personal Consumption Expenditures Price Index (PCE) inflation data …

On August 26, 2025, President Donald Trump made waves with a bold claim that could reshape the Federal Reserve’s approach to monetary policy. Speaking with confidence, Trump announced that the Federal Open Market Committee (FOMC), the Fed’s key interest rate-setting body, would soon see a majority of members favoring rate …

US consumer confidence experienced a slight decline in August 2025, with the Conference Board’s Consumer Confidence Index dipping to 97.4 from a revised 98.7 in July, halting the recovery seen in the previous month. This modest drop aligns with expectations of subdued consumer sentiment, reflecting concerns about current economic conditions …

France is facing heightened political and economic uncertainty as Prime Minister François Bayrou has announced a no-confidence vote for September 8. This decision comes as the government struggles to pass a new budget and is a direct consequence of the ongoing political deadlock.The announcement has already impacted financial markets. The …